The India Real Estate report H1-2019 by Knight Frank India reports that 111,175 units launched in H1-2019 (21%+). Similarly 129,285 (4%+) units sold. The unsold inventory went down by 9% to 450,263 reducing the quarters to sell to 9.3. Thus, for more information on this India Real Estate report and other findings, please click on the link below.
india-real-estate-january-june-2019-6498Chairman, Shishir Baijal says ” While the underlying demand for residential property remains strong and recent trends suggest the beginnings of a recovery in market volumes it is still a long road toward the resurrection of the residential market that is also plagued by macro concerns of economic growth that automobile and other consumer sectors are facing today.”
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